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Jan 24, 2013
01/13
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we've got to make trget targeted cuts and reforms but we also believe we need to eliminate a lot of tax breaks and loopholes that we heard from our colleagues about in order to reduce the deficit in a balanced way. if you don't do that, you sock it to everybody else in the country. let's pass a balanced approach to reducing our deficit and not one that takes it out of the expenditure. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: i would just say w have already increased the debt limit over $5 trillion in the obama administration, almost a 50% inkeys in the debt limit. let me also say we have had many several, temporary short-term increases in the de limit before there's been a more permanent long-term increase in 1987, 1990, 1996. it is not unprecedented, the action we're going to be taking today. with that, i yield two minutes to the distinguished member of the ways and means committee, the gentleman from washington state, mr. reichert. the speaker pro tempore: the gentleman is recognized for two minutes. mr. reichert: thank you, mr.
we've got to make trget targeted cuts and reforms but we also believe we need to eliminate a lot of tax breaks and loopholes that we heard from our colleagues about in order to reduce the deficit in a balanced way. if you don't do that, you sock it to everybody else in the country. let's pass a balanced approach to reducing our deficit and not one that takes it out of the expenditure. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: i would just...
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Jan 24, 2013
01/13
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CURRENT
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it was the senate that first passed the bill giving 98% of americans a tax cut right? and that was a bipartisan measure. but do you see a lack of willingness to work together, work across the aisle that was -- that was the rule when you were majority leader? >> well, there is a good deal of that. unfortunately, i think the bigger problem bill is you've got this -- almost polar existence between the house and the senate right now. you've got the house that is led in large measure by the tea party and then you've got the senate that -- in many respects is not much different from what it has been. although you've got a few very, very vocal members who are attempting to do to the senate which has been done to the house. so of course, one person, one senator can hold up everything. rand paul disa pretty good job of it -- disa pretty good job of it these days. much more polarized than it should be. on a second level, very quietly somewhat clandestinely, you hear -- in fact, i get reports from my former colleagues about meetings going on and little groups starting and gangs o
it was the senate that first passed the bill giving 98% of americans a tax cut right? and that was a bipartisan measure. but do you see a lack of willingness to work together, work across the aisle that was -- that was the rule when you were majority leader? >> well, there is a good deal of that. unfortunately, i think the bigger problem bill is you've got this -- almost polar existence between the house and the senate right now. you've got the house that is led in large measure by the...
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Jan 24, 2013
01/13
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KPIX
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the power software created by the tax experts. file for free now at hrblock.com. [ female announcer ] ready to mix things up with lean cuisine? try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. kids... they'll tell you exactly what they're thinking... especially my niece. the moment she pointed out my moderate to severe chronic plaque psoriasis... well, it was really embarrassing. so i had a serious talk with my dermatologist. this time, she prescribed humira-adalimumab. humira helps to clear the surface of my skin by actually working inside my body. in clinical trials, most adults with moderate to severe plaque psoriasis saw 75% skin clearance. and the majority of people were clear or almost clear in just 4 months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma or other types of cancer have
the power software created by the tax experts. file for free now at hrblock.com. [ female announcer ] ready to mix things up with lean cuisine? try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. kids... they'll tell you exactly what they're thinking... especially my niece. the moment she pointed out my moderate to severe chronic plaque...
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Jan 24, 2013
01/13
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CNNW
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they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve
they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it...
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Jan 24, 2013
01/13
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WRC
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when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during his tour of duty in afghanistan. nbc kir seir simmons is in buckingham palace this morning. good morning to you. >> reporter: good morning. prince harry has faced criticism from his comments about killing the taliban. now, he's back and ainu interview, he's talking about what he's learned. >> it's been great. a hell of an experience. really proud of the guys. >> reporter: prince harry summing up his tour of duty in afghanistan, landing back in the uk, finally able to congratulate william and kate in person. her pregnancy announced while harry was away. >> i'm longing to see my brother and sister-in-law a
when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during...
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Jan 24, 2013
01/13
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CNNW
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they bought shares when they were lower and wanted to take a profit before the higher capital gains taxes kicked in this year. other investors are clearly choosing to exit now competition heating up so it's really becoming a huge factor. there are a lot of quality alternatives out there. you look at the tablet and smartphone arena, carol, it's getting crowded but they still sold 48 million iphones and almost 23 million ipads in the latest quarter. apple sold 12.6 million ipods so keep the finger off the panic button, let's not get too crazy just yet. >> that's wall street, isn't it? panic, panic panic, then don't. thanks so much, alison. >>> fighting words from house speaker john boehner he says president obama is out to annihilate the republican party. do you agree? that's our talk back question today. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ see it on february 3rd. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. y
they bought shares when they were lower and wanted to take a profit before the higher capital gains taxes kicked in this year. other investors are clearly choosing to exit now competition heating up so it's really becoming a huge factor. there are a lot of quality alternatives out there. you look at the tablet and smartphone arena, carol, it's getting crowded but they still sold 48 million iphones and almost 23 million ipads in the latest quarter. apple sold 12.6 million ipods so keep the...
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Jan 24, 2013
01/13
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CSPAN
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i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a fiscal conservative who believes foreign aid can be useful but we have to get spending under control. will you use your position to encourage the president to work with us in good faith to solve the debt -- the debt and deficit issue? >> i spent six months, i guess, or five month, as a member of the super committee and i put enormous amount of energy and hope that we would be able to get the big bargain, the grand deal. i'm not here to go through all the the tails why we didn't. but there was a very hard line, nonnegotiating position that prevented us from being able to come to an agroment which incidentally we just came to. but we came to it with far less on the table and far less accomplished than we would have had if we'd come to that agreement six months ago or a year ago. so my hope is, yes, i certainly will weigh in on that to the degree that it has an impact on my ability to do my job and the ability of the state department to do its job. we cannot
i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a fiscal conservative who believes foreign aid can be useful but we have to get spending under control. will you use your position to encourage the president to work with us in good faith to solve the debt -- the debt and deficit issue? >> i spent six months, i guess, or five month, as a member of the super committee and i put enormous amount of energy and hope...
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Jan 24, 2013
01/13
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WMAR
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she said, "i haven't done my taxes for a few years." call. what's a few? she said, "i think it's eight." she showed up with four file boxes of paperwork. "here, take my stuff and figure it out." i will do that for you. it's a mental challenge. it's a puzzle. but getting you the maximum refund- that's what i'm here for. bring it on. >>> and a good morning to you, i'm charlie crowson, be careful on the way out this morning. it's going to be slick for your commute. live picture right now of the northeast baltimore with an inch of snow on the ground. we have more than 40 school closings and delays. you can get a complete list at abc2news.com. and you can also check out the abc2 facebook fan page and twitter for updates throughout the course of your day. you see the snow out there on the sidewalks and on the cars. but as more cars are traveling out there much of the snow on the roadways can become sheets of ice. let's get a check of the abc2 timesaver traffic with lauren. >> well, charlie the snow is leading to a very hectic commute. dealing with a crash right
she said, "i haven't done my taxes for a few years." call. what's a few? she said, "i think it's eight." she showed up with four file boxes of paperwork. "here, take my stuff and figure it out." i will do that for you. it's a mental challenge. it's a puzzle. but getting you the maximum refund- that's what i'm here for. bring it on. >>> and a good morning to you, i'm charlie crowson, be careful on the way out this morning. it's going to be slick for your...
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Jan 24, 2013
01/13
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CNN
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. >> the same thing happened when you saw potential increasing of taxes on cigarettes. it happened in chicago where you had business groups, the black chamber of commerce, they said, oh, this is going to hurt small businesses but then the argument was, wait a minute, when you look at cancer rates among african-americans, how do you say don't do that when it's affecting african-americans? and so i think the naacp, the new york chapter is going to have to have an explanation because, again, obesity among african-americans is huge. >> well, the explanation is that they'd like to see a more holistic approach, that this is not the way to do it. it's a little bit like your gun debate. like don't do this, do a big picture, you're never going to get the solution. i think there is some merit to that argument. however -- >> also a loophole here. they say that small business owners are affected, convenience stores, but larger stores like -- according to "the new york times," larger stores like 7-eleven would be exempt from soda restrictions because of a court in new york's regulat
. >> the same thing happened when you saw potential increasing of taxes on cigarettes. it happened in chicago where you had business groups, the black chamber of commerce, they said, oh, this is going to hurt small businesses but then the argument was, wait a minute, when you look at cancer rates among african-americans, how do you say don't do that when it's affecting african-americans? and so i think the naacp, the new york chapter is going to have to have an explanation because, again,...
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Jan 24, 2013
01/13
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and we created greater wealth in america that has been created even in the raging time of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are doing, which is there is an extraordinary amount of opportunity in modernizing america's energy grid. we don't even have a grid in america. we have a big open gap in the circle of america. east coast grid, west coast grid and texas grid and a line from chicago over to the dakotas. we can't sell energy from minnesota to arizona or arizona to massachusetts or to the coal states. it doesn't make sense and can't be a modern country if we don't fix that infrastructure. i would respectfully say to you that climate change is not something to be feared in response to -- the steps to respond to -- it's to b
and we created greater wealth in america that has been created even in the raging time of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are...
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Jan 24, 2013
01/13
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MSNBCW
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and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i appreciate that. >> people are reading it all over the place. from my standpoint, we're really looking at the greatest threat to our national security is our debt. it has to do with our children and our grandchildren's futures. as i travel wyoming and have telephone town hall meetings, the things that really come up, people are saying i'm not worried for me. i'm worried for my kids and grandk grandkids, and are we still going to have america in the future with this kind of debt? who will we owe our future to? >> senator barrasso, i want to ask you about your piece in this morning's "wall street jour
and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i...
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Jan 24, 2013
01/13
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CURRENT
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if it didn't make a difference we wouldn't see 42 republicans vote for a tax increase in the fiscal cliff deal, we wouldn't have seen the republican party back off attaching a debt limit vote to severe spending cuts. they were feeling the heat of public opinion and to some extent of lead opinion, wall street opinion and corporate opinion and so forth on these matters. public opinion does make a difference. supports bomb on guns by and large. supports obama on revenues i think ultimately public opinion will make a difference. >> john: and they support on filibuster reform as well. i hope harry reid can hear you. michael tomasky always a pleasure to have you. you made me feel a little better. you really did. i didn't think it was possible. >> that's why i'm here. >> john: the one and only michael tomasky. thank you for coming on again. >> thanks a lot. >> the right wing has a new word word, fascism. unfortunately they think it only applies to other people. [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] s
if it didn't make a difference we wouldn't see 42 republicans vote for a tax increase in the fiscal cliff deal, we wouldn't have seen the republican party back off attaching a debt limit vote to severe spending cuts. they were feeling the heat of public opinion and to some extent of lead opinion, wall street opinion and corporate opinion and so forth on these matters. public opinion does make a difference. supports bomb on guns by and large. supports obama on revenues i think ultimately public...